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KeyCorp Q3 Loss Widens
Friday, October 23, 2009 1:51 AM


(Source: Datamonitor)trackingKeyCorp, a bank holding company, has reported a net loss attributable to the company's common shareholders of $438 million, or $0.52 per share, for the third quarter ended September 30, 2009, compared to a net loss attributable to the company's common shareholders of $48 million, or $0.10 per share, for the third quarter ended September 30, 2008.

Net interest income on a fully taxable equivalent basis was $599 million for the third quarter of 2009, compared to $684 million for the third quarter of 2008.

For the first nine months ended September 30, 2009, the company has reported a net loss attributable to the company's common shareholders of $1.36 billion, or $2.14 per share, compared to a net loss attributable to the company's common shareholders of $956 million, or $2.19 per share, for the first nine months ended September 30, 2008.

For the first nine months of 2009, net interest income on a fully taxable equivalent basis increased to $1.77 billion from $1.24 billion for the same period last year.

A service of YellowBrix, Inc.



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